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Schumer-backed border bill fails a second time with even less Dem support
The Senate failed to advance a border bill backed by some Democrats and Majority Leader Chuck Schumer, D-N.Y., on Thursday, seeing the measure garner less support than it did in February when it was first considered. By a vote of 43-50, senators chose not to advance the bill, which was negotiated in a bipartisan nature […]
Brazil Boosts Oil Reserves by Nearly 7% in 2023
In 2023, Brazil’s known oil reserves expanded by 6.98%, with reports showing a total of 15.894 billion barrels. The National Agency of Petroleum (ANP) revealed that this increase resulted from annual production, new projects, commercial declarations, and technical and economic revisions. The ANP’s report highlighted a reserve replacement ratio of 183.54%, adding about 2.278 billion […]
Zimbabwe’s Currency Crisis Deepens: 42% Devaluation of the ZiG
Zimbabwe’s economic woes have intensified as the country’s central bank devalued its recently introduced currency, the Zimbabwe Gold (ZiG), by a staggering 42%. This drastic move, announced on Friday, September 27, 2024, marks the latest chapter in Zimbabwe’s tumultuous monetary history. John Mushayavanhu, governor of the Reserve Bank of Zimbabwe (RBZ), adjusted the official exchange […]